Streaming services now account for 75% of music industry revenue Streaming services took home the biggest slice of the record industry pie in 2018, according to a new report from the RIAA. Related Posts: Tool’s entire catalog now available for streaming ahead of their first new album in 13 years Apple eyes expansion of original podcast material, moves to make deals with media companies
The music industry made $43 billion in 2017, but artists only took away 12% of it It's a hard-knock life for musicians, who drive their industry in the first place. Related Posts: Streaming services now account for 75% of music industry revenue SoundCloud’s updated artist contract is seriously troubling for music creators
Spotify now boasts 83 million subscribers, reports second quarter loss New numbers show Spotify's ups and downs since going public earlier this year. Related Posts: Tool’s entire catalog now available for streaming ahead of their first new album in 13 years Apple eyes expansion of original podcast material, moves to make deals with media companies
Bitcoin technology could change the streaming industry forever A handful of new startups aim to apply Bitcoin's blockchain technology to music metadata ensures artists are paid royalties from even unauthorized streams. Related Posts: Streaming services now account for 75% of music industry revenue Wave goodbye to a trove of new, unreleased Jauz material that will never see the light of day
SoundCloud’s annual revenue up 43% to nearly $28 million According to data shared with'Digital Music News, SoundCloud's annual revenue is up 43% compared to last year Related Posts: Premiere: Anakim talks ‘The Oracle’ EP and taking an organic approach to music [Stream] Pioneer looks to the future of DJing with launch of new smartphone-enabled controller
Credit Suisse predicts that revenue from streaming services will increase sixfold from 2015 to 2020 The financial service company estimates that the global music industry will see revenue increase in 2016 for the first time since 1998 Related Posts: Streaming services now account for 75% of music industry revenue The music industry made $43 billion in 2017, but artists only took away 12% of it
